Austria plan to repatriate gold not linked to Brexit talk: Nowotny

May. 28, 2015, 4:17 am

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VIENNA (Reuters) – A decision by the Austrian central bank to repatriate some gold from London by 2020 is “absolutely not” related to the possibility that Britain will leave the European Union, Governor Ewald Nowotny told a news conference on Thursday.

He said it instead reflected a trend among central banks, including Germany’s Bundesbank, to hold more reserves at home.

(Reporting by Michael Shields; editing by Jason Neely)

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